There’s no universally correct direction for every breakaway to take. What works for some may not be the right solution for others.

In full disclosure, I’m a wirehouse convert to independence. I was an adviser-turned-branch-manager for a large wirehouse in New York City in 2006 when I lost an adviser to a registered investment advisory firm. Back then, I wasn’t even sure what an RIA was. I was the typical arrogant wirehouse manager who thought the independent wealth management industry could never compete with the big firms. Boy, was I wrong. The industry, advisers and the firms that support them have changed dramatically since I was part of the founding management team at HighTower. 


May 3, 2023

A five-person team has left Wells Fargo Advisors to launch their own independent practice with Summit Financial, a Parsippany, N.J.–based...

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May 2, 2023

We’re pleased to welcome Great Lakes Private Wealth to the Summit Financial family! Based in Farmington Hills, MI, and led...

March 28, 2023

Our CEO Stan Gregor had the opportunity to speak with Tony Sirianni on the AdvisorHub podcast.  Stan shared the uniqueness...